900 Bay Dr DS18, Miami Beach, FL 33141 — MLS photo

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900 Bay Dr DS18, Miami Beach, FL 33141

Active · Condominium

$429,000

900 Bay Dr DS18, Miami Beach, FL 33141

Beds
0
Baths
0
Living area
247 sq ft
$ / sq ft
$1,737/sq ft
Year built
1963
Lot size
—
HOA fee
$267 Monthly
Annual tax
$3,913

About this property

Rare opportunity to buy a dock slip in the prestigious Mimo Style King Cole Building. Maintenance include all electrical and water. In order to buy a Dock Slip in the building you need to have a unit in the building. Just for use of recreational boats. Commercial boats are not allowed. Dock # 18, a 60 x 20 ft. wide dock (approx.) is being sold with a waterfront unit in King Cole Building (Unit #716 MLS# A11655903). You must own a unit in the building in order to own the dock slip.

Property location

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900 Bay Dr DS18, Miami Beach, FL 33141

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Facts & features

Interior

Bedrooms
0
Bathrooms
0
Living area
247 sq ft
Flooring
Other
Appliances
Other
Cooling
Other
Heating
Other
Interior features
Other

Exterior & Structure

Property type
Condominium
Year built
1963
Stories
12
Architectural style
Other
Construction
Other
Exterior features
Other
Waterfront
Intracoastal Access, Other
View
Other

Parking

Garage spaces
1
Covered spaces
1
Parking features
Other

HOA, Community & Financials

Association fee
$267 Monthly
Fee inclusions
Other
Amenities
Other
Security
Door Man
Pets allowed
Size Limit, Yes
Annual tax
$3,913
Subdivision
KING COLE CONDO
County
Miami-Dade
Days on market
358
MLS listing ID
A11812364
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,415

Cap rate
1.7%
Net yield
1.7%
Cash-on-cash return
-14.1%
Gross yield
4.5%
Mortgage payment
$2,034/mo
Down payment
$107,250
Loan amount
$321,750
Annual NOI
$7,419

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.